There is something to be said about inflation. It's a number that is stubbornly refusing to rise. January inflation came in at just 2.05 percent, a near-two year low. And it's happening like this: the inflation index is actually falling – and falling even more than it fell last year.
Which brings us to the components. While food is still an important part of the index, it's still "deflating" – prices of food items are falling, in general. This is usual for January (as winter crops come abound) but we see that this time, there was more "abundance" than last year.
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Which brings us to the components. While food is still an important part of the index, it's still "deflating" – prices of food items are falling, in general. This is usual for January (as winter crops come abound) but we see that this time, there was more "abundance" than last year.
If you need more information about the Stock Market:
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Source:https://www.moneycontrol.com/news/business/economy/inflation-drops-to-2-05-lower-than-rbis-projection-a-week-ago-3529521.html
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